Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $3,620/mo
- Units
- 2
- Price per unit
- $300,000
- Est. annual NOI
- $21,720
- Expense assumption
- 50%
Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.
Run your own numbers
Adjust the assumptions to see cash flow and cash on cash return.
- Effective gross income
- $41,268
- Operating expenses
- $20,634
- Net operating income
- $20,634
- Annual debt service
- $35,926
- Annual cash flow
- -$15,292
- Cash on cash return
- -10.2%
- Down payment
- $150,000
Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.
Property details
- Type
- Duplex
- Bedrooms
- 2
- Building size
- 1,726 sqft
- Lot size
- 6,751 sqft
- Year built
- 1939
- Stories
- 2
- Garage spaces
- 2
- Heating
- Wall Furnace
- Cooling
- Wall/Window Unit(s)
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 387
- MLS #
- 233411066
About this property
Please NOTE- The list price is the starting bid auction price, NOT the selling price. Property will be available for bidding on an online auction- bids will be opened daily. There will be a Seller Reserve, so this is not an Absolute Auction. There will be a Buyer Premium charge to the successful bidder. Call your Realtor about terms and conditions. Fantastic opportunity for a duplex in a highly desired location! First unit is a two bedroom, one and a half bath downstairs and the second unit is a two bedroom, one bath upstairs with a balcony deck. Both units are tenant occupied and in great condition. Downstairs unit has a formal dining room and a large kitchen. Great potential for an investment property or live in one and get income from the other. Large back yard, with plenty of room to add a detached ADU, with a storage room at the rear of the lot. Two car garage with alley access behind the storage room. Both units have washer hookups and upstairs unit has both washer and dryer hookups. NOTE- both units will be occupied by the existing tenants at the close of escrow. Neither the seller nor their agent will begin any eviction proceeding.
Location
4682 Paula Street
Los Angeles, Los Angeles, CA, 90032